VALUE CREATION CASE STUDIES

Tenby Educare Sdn Bhd (Tenby Schools)

  • Tenby Schools is the largest network of private schools servicing the mid-tier segment with schools in six locations
  • Tenby offers a mix of national and international curriculums with full-fledged facilities at a reasonable price

Investment Rationale:

  • Largest network of private schools in Malaysia with a total student population of 4,600 students
  • Opportunity to grow the school network further with two identified locations for expansion
  • Increased demand for private international education.

Transaction Details:

Investment type
Buy-out of non-core assets
Ownership
100%
Acquisition Date
March 2015 and March 2016
Partial Divestment
17 Jan 2018

Ekuinas was very supportive especially the EXCO members as they took the role of a strategic investor and allowed the management to run the business independently. It was a good opportunity to work with Ekuinas as they have a diverse group of professionals.

Michelle Chan,
Group Financial Controller